Condos and townhomes are relatively rare in the Hollywood Riviera as most of the area is zoned for single family homes. Cote D’ Azure is one exception and the location just couldn’t be cooler. It sits on the bluff overlooking the ocean on the Hollywood Riviera’s best streeet, Paseo De La Playa.

Cote D’Azure offer sits just up the hill from Torrance Beach and offers direct access down a set of stairs exclusive to the complex. The units range from tree top views to partial ocean views to spectacular ocean views. The current home for sale at 639 Paseo De La Playa #105 offers a pleasant tree view straight on with some nice ocean views at a bit of an angle. Most of the home has been remodeled and ready to go.

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In the Redondo Beach real estate market, where inventory is extremely low, one oceanfront building is certainly bucking the trend. The Ocean Plaza, at 531 Esplanade in South Redondo Beach currently has 5 condos for sale…all with great ocean views. Although the building sits ocean front, the bulk of the condos are on the side and the views can vary depending on the floor and how far east in the building the home sits. Generally the higher the floor and higher the unit number the better. See a video overview of the ocean front condos of the Esplanade.

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It would seem that Ocean Plaza, located at 531 Esplanade, is having a selling frenzy with 4 separate condos for sale. Due to zoning, South Redondo Beach offers some of the only high rise style buildings in the South Bay and Ocean Plaza is the tallest. The building features a pool and spa, club house style room, top floor workout room and most condos have big ocean views. Take a video tour of the oceanfront condos of the Esplanade in Redondo Beach. Although the Ocean Plaza building sits ocean front, most units are on the sides of the buildings with balconies angling towards the beach. In general the higher the floor, and further west in the building means bigger views.

Brookside Village, located at the corner of Camino Real and Prospect, is the most affordable way of living in the beach close community of South Redondo Beach. At the moment there are a number of homes for sale in the complex and may be one of the best ways of getting out of the world of renting and getting into owning a home. The complex was built around 1970 and features 385 units ranging from one bedrooms to 3 bedrooms. There are also a number of differences between the various buildings and addresses with some buildings feeling more like condos while others feeling more like townhomes. In the two story buildings the 2nd floor units offer vaulted ceilings and even though the square footage may be the same they feel much larger. Contact us for more information on the condos at Brookside Village.

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For months now we’ve seen the construction happening at 1500 Esplanade. These oceanview condos are ideally located on the Esplanade with stunning views stretching from Palos Verdes and Catalina to Malibu. Sitting on the east side of the Esplanade, they offer unblocked and unblockable views. Realtors and buyers were eagerly awaiting the final product but unfortunately the developer had decided that he would only deal directly with buyers and did not want buyers to have their own representation. While several units are already sold, that strategy has taken an obvious turn as 4 of these condos are now active on the local MLS. The units range between 3000 ft and 32oo feet and offer either 3 bed/3 bath or 4 bed 3.5 bath. Currently the units are priced at $4,000,000. Contact us for more information or to set up a showing of these beautiful homes.

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When most buyers come to me they know that they’re interested in Redondo Beach, but don’t know much about the various parts and the differences in the neighborhoods. While there are a number of different neighborhoods and real estate “areas” the big distinction is between North Redondo and South Redondo.

So what’s the difference?

The physical dividing line between the two is 190th Street and Anita, but in reality the differences are much more than just the separation of the street. The “feel” of North Redondo and South Redondo are the most significant difference. North Redondo sits east of Manhattan Beach and Hermosa Beach with no beach to call it’s own, while South Redondo has the prototypical “beach” feel and incorporates the areas of King Harbor, Redondo Beach, the Redondo pier and the beachfront street of the Esplanade.

Both north Redondo and South Redondo have a variety of housing options ranging from condos to mansions and everything in between, but when people often think of “Redondo Beach” they think of oceanfront and oceanview homes and those are only found in South Redondo.

The tradeoff is home prices and values. In general, homes in South Redondo are more expensive and more valuable than similar homes in North Redondo, and it’s really all about the proximity to the beach, and the “beach” feel. While condos are a bit rarer in North Redondo, home prices generally start in the mid $500,000 for a smaller condo or townhome up to well over $1,500,000 for a larger home on a larger lot. Home values can start in the mid $300,000 for a condo in Brookside Village and can reach to over $10,000,000 (which is very rare) for one of the few oceanfront estate style homes on the Esplanade.

There’s been a definite lack of inventory in the world of ocean view and ocean front condos in Redondo Beach over the past 18 months. Prices have risen dramatically as inventory dipped to record lows and demand for the “vacation” style feel of complexes such as the Seascape buildings, The Village and condos on the Esplanade have continued to grow. At least in one complex there’s been a higher than usual number of homes coming on the market in recent days. Seascape One is located in the 200 block buildings of The Village (which is unusual in itself as it’s actually on Catalina). As of July 18th there are 3 units for sale in Seascape One. Of the 3 2 offer a interior garden view (this is the only Seascape or Village building offering interior facing units) and one offers some pretty significant ocean and harbor views. Built in 1978 the condos are fairly ideally located just behind King Harbor and walkable to the pier, the beach, and the shops and restaurants of the King Harbor area.

Current Seascape One Condos for Sale

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If you’re in the market for a home in Redondo Beach or just curious to see what some homes look like, there are an abundance of open houses for this coming weekend. If you’re seeing this after June 6th or 7th visit our updated South Bay open houses page. There are plenty of homes to see in both North Redondo Beach and South Redondo Beach ranging from Brookside Village condos to oceanfront homes along the Esplanade.

January saw 20 home sales in South Redondo Beach which is relatively typical of this time of year. Due to the holidays many homes are either pulled from the market or don’t sell in December, keeping the sales number down. The lowest priced home sold, a 2 bedroom condo in Brookside Village, sold for $417,000 with the highest sale of the montha 1929 built, but restored and updated, single family home on Avenue A. To see home sales in other areas of Redondo Beach, other cities, or other months, visit our South Bay home sales information page. The inventory has gone up slightly and you can view the current homes for sale in South Redondo Beach on our updated MLS and current listings page.

Although the housing inventory has been low in Redondo Beach for almost 2 years now, the market for oceanfront Esplanade and ocean view Village condos is almost non-existent. Popular condo complexes such as The Village, the Seascape buildings, and various oceanfront buildings on the Esplanade are nowhere near the normal inventory levels. According to realtor Keith Kyle, “It’s really been months since there’s been anything new. There are currently a few places that have been on the market for some time now, but the few new listings, if priced anywhere near where they should be, disappear quickly.”

“These homes offer the iconic South Bay beach lifestyle and are are highly sought after, often by professionals that travel extensively, local retired or semi-retired people looking for that vacation beach feel, or those priced out of nearby townhomes and single family homes.”

The inventory has continued to drop to nearly a trickle with only 2 condos on the market as of this writing. Both are in the Seascape buildings behind King Harbor and the Redondo Pier area. The homes often offer the real feel of living on vacation as many have great views and some offer terrific amenities.

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